IPO Round-up: Adult Fun Centers, Online Security, and Cancer Treatments
Plastic goods manufacturer Berry Plastics Group (BERY) is projected to have the largest IPO this week as it hopes raise $500 million. The company has booked $4.8 billion in sales during the past 12 months, and has an estimated market value of $2 billion.
Dave & Buster's (PLAY)--a chain of corporate restaurants that provide games and entertainment targeted at adults--plans to raise, offering 7.7. million shares at a price range of $12 to $14. Its in good company: Bloomin' Brands (BLMN)--the holding company behind Outback Steakhouse that debuted in early August--has climbed 50% since going public, while Mexcian restaurant chain Chuy's Holdings (CHUY) has increased 89% since its July IPO, according to the Journal.
Here are some of the other companies that will trading floors this week:
- Fleetmatics Group (FLTX), a Dublin-based management software company, plans to raise $125 million by offering 7.8 million shares priced between $15 and $17.
- Louisville, Colorado-based Globelmunne (GBIM) develops drugs to treat pancreatic cancer and hepatitis B and C. This week, it will be offering 5 million shares at a price range of $11 to $13 in order to raise $60 million.
- LifeLock (LOCK) provides online identify theft protection and will be go public this week at a $981 million market value. The Tempe, Arizona-based company will be offering 15.7 million shares at price range of $9.50 to $11.50 and raise $165 million.